L.B. Foster Reports Second Quarter Operating Results

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L.B. Foster (FSTR) Misses Q2 EPS by 30c

August 9, 2016 7:03 AM EDT

L.B. Foster (NASDAQ: FSTR) reported Q2 EPS of ($0.11), $0.30 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $136 million versus the consensus estimate of $152.65 million.

Robert P. Bauer, L.B. Foster Companys President and Chief Executive Officer, commented, In response to weak energy and rail markets, we have been working diligently to reduce costs through the first half of this... More